How does prescriptive analytics relate to descriptive


Assignment:

Part A

Discussion: Excel is probably the most popular spreadsheet software for PCs. Why? What can we do with this package that makes it so attractive for modeling efforts?

Part B

When submitting work, be sure to include an APA cover page and include at least two APA formatted references (and APA in-text citations) to support the work this week.

All work must be original (not copied from any source).

1. How does prescriptive analytics relate to descriptive and predictive analytics?

2. Explain why solving problems under uncertainty some times involves assuming that the problem is to be solved under conditions of risk.

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Risk Management: How does prescriptive analytics relate to descriptive
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